G.O. NETELAND AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

−4,03 %

Current Ratio

48,71

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 000	32 000	74 000	0
Net Income	−11 000	10 000	19 000	271 000
Total Assets	356 000	516 000	1 144 000	1 120 000
Total Equity	273 000	284 000	274 000	254 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 000	32 000	74 000	0
Expenditure	29 000	21 000	50 000	16 000
Operating Profit	−16 000	11 000	24 000	−17 000
Financial Income	2 000	2 000	1 000	286 000
Financial Costs	0	0	0	3 000
Financial Balance	2 000	2 000	1 000	283 000
Earnings Before Tax	−14 000	13 000	25 000	267 000
Tax	−3 000	3 000	5 000	−4 000
Net Income	−11 000	10 000	19 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	12 000	43 000	61 000
Total Current Assets	341 000	504 000	1 101 000	1 059 000
Total Assets	356 000	516 000	1 144 000	1 120 000
Total Retained Equity	233 000	244 000	234 000	214 000
Total Equity	273 000	284 000	274 000	254 000
Total Long-Term Debt	77 000	223 000	861 000	861 000
Total Current Debt	7 000	9 000	10 000	5 000
Total Equity and Debt	356 000	516 000	1 144 000	1 120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 000	23 000	74 000	0
Other Income	0	9 000	0	0
Revenue	13 000	32 000	74 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	12 000	0
Impairment	0	0	0	0
Expenditure	29 000	21 000	50 000	16 000
Operating Profit	−16 000	11 000	24 000	−17 000
Financial Income	2 000	2 000	1 000	286 000
Financial Costs	0	0	0	3 000
Financial Balance	2 000	2 000	1 000	283 000
Dividends	0	0	0	0
Net Income	−11 000	10 000	19 000	271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	12 000	15 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	29 000	41 000
Total Tangible Assets	0	0	29 000	41 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	12 000	43 000	61 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	341 000	497 000	1 094 000	1 059 000
Total Current Assets	341 000	504 000	1 101 000	1 059 000
Total Assets	356 000	516 000	1 144 000	1 120 000
Total Equity	273 000	284 000	274 000	254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 000	223 000	861 000	861 000
Creditors	4 000	3 000	4 000	0
Unpaid Taxes	−2 000	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	5 000	5 000	4 000	5 000
Total Current Debt	7 000	9 000	10 000	5 000
Total Equity and Debt	356 000	516 000	1 144 000	1 120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,03 %	3,52 %	6,93 %	106,69 %
Debt-to-Equity Ratio	0,28	0,79	3,14	3,39
Operating Profit Margin	−123,08 %	34,38 %	32,43 %	-
Current Ratio	48,71	56	110,1	211,8
Quick Ratio	48,71	56	110,1	211,8
Equity Ratio	0,77	0,55	0,24	0,23
Gross Profit Margin	100 %	100 %	100 %	-